July 2022

FedEx to deliver $800 million to U.S. pension plans in fiscal year 2023

FedEx Corp., Memphis, Tenn., plans to make $800 million in voluntary contributions to its U.S. pension plans during its fiscal year ending May 31, 2023. The shipping company disclosed the contribution in its 10-K filing with the SEC on Monday. The injection of cash into the plans will come despite the lack of minimum required contributions under the Employee Retirement Income Security Act of 1974. In the most recent fiscal year ended May 31, FedEx contributed $533 million to the plans. FedEx...

UK. Cross-industry Pension Attention campaign unveiled

The Pensions and Lifetime Savings Association (PLSA) and the Association of British Insurers (ABI) have unveiled the 'Pension Attention' campaign slogan and logo, ahead of the campaign launch in September. Plans for the campaign were initially announced in April 2022, with over 30 million pension savers to be targeted in an effort to boost people's understanding of and engagement with their pensions. It has received "unprecedented" cross industry support from 17 providers, including 13 sponsors and four official supporters, with those...

Brazilian insurance regulator publishes guidelines on sustainability requirements for the insurance sector

The Brazilian Superintendence of Private Insurance (“SUSEP”) published Regulation No. 666/2022, setting forth sustainability requirements applicable to the Brazilian insurance sector. Its goal is to establish guidelines for management of risks that are directly related to ESG policies of insurance and capitalization companies, local reinsurers and pension funds. Pursuant to the new requirements, regulated entities must ensure that sustainability risks are properly managed, particularly by preparing a triennial materiality assessment identifying, assessing and classifying the risks to which the entities...

Study shows people in the U.S. are not planning for future healthcare needs

If you haven’t spent time considering what your healthcare needs will be in the years or even decades from now, you’re not alone. Recent research suggests that many aging Americans aren’t aware of the full range of options available to them. As we age, our healthcare needs intensify, and experts say that the U.S. healthcare system will need to embrace home healthcare options to meet the demand of an aging population. The new national survey, titled “Aging in Place: Assessing Senior’s...

Lecciones y desafíos de la pandemia por COVID-19 para las encuestas de hogares en América Latina

Por NU. CEPAL Como consecuencia de las restricciones de movilidad destinadas a contener los contagios por COVID-19, varias oficinas nacionales de estadística (ONE) suspendieron la recolección de datos de las encuestas de hogares y enfrentaron desafíos para continuar con la publicación de los indicadores provenientes de este tipo de operaciones estadísticas. Esta nota presenta un resumen sobre las estrategias implementadas para continuar con la producción de estadísticas sobre empleo, ingresos y pobreza durante el estado de emergencia sanitaria. Las lecciones...

CONSAR lanza una nueva opción que permite a los mexicanos en EEUU ahorrar en su Afore

Construir el camino para el retiro es sencillo si se cuenta con las herramientas y recursos necesarios, por ello, con la estrategia de la Consar, enfocada a los trabajadores mexicanos en Estados Unidos, bastarán unos pasos para realizar ahorro en cuenta de afore. El ahorro para el retiro es un factor clave para mantener una buena calidad de vida después de la etapa laboral, sin embargo aún existen retos para que más personas tomen conciencia de la importancia de tener...

Gobierno de Chile prevé enviar el proyecto para reformar el sistema de pensiones en 2023

El sistema actual de AFP privadas de Chile fue duramente criticado por las bajas jubilaciones que paga y su modificación fue una de las mayores demandas sociales durante las protestas que se realizaron en el país a fines del 2019. El gobierno chileno prevé enviar al Congreso un esperado proyecto para reformar el controvertido sistema de pensiones durante el próximo año, dijo este martes el ministro de Hacienda, Mario Marcel. El sistema actual de Administradoras de Fondos de Pensiones (AFP) privadas...

Argentina. Cuánto poder adquisitivo perdieron los jubilados con la inflación en lo que va del 2022

En la Argentina todos los días todos perdemos un poquito de nuestro poder adquisitivo pero hay sectores que pierden más como, por ejemplo, el de los jubilados. Es que en lo que va del año recibieron un aumento del 29,2% mientras que la inflación fue del 36,2%. A través de la fórmula de movilidad vigente desde el año 2021, este año hubo dos recomposiciones en las jubilaciones. En marzo el incremento fue del 12,28% y del 15% en junio. Además,...

Africa Pension Supervisors Sign Agreement With FSD Africa

The forum brought together pension supervisors from different African countries to deliver a harmonized approach for interventions and reforms in the pensions sector across the continent. The theme of the conference was “Resilience and sustainability of the pension sector amid the crisis- The case of covid 19 pandemic”. Pension supervisors in Africa, relevant stakeholders, experts and partners in the pension industry shared experiences, discussed opportunities, challenges faced by the pension industry and new developments in the industry. The challenges include lower investment...

UK. MPs back tax return solution for self-employed retirement savings

The All-Party Parliamentary Group on Financial Resilience has thrown its weight behind using the tax system to help the self-employed save for retirement. In a report analysing general financial resilience during the coronavirus pandemic, launched on July 18, the group called for the government to “co-ordinate an approach to improving pension saving in under-pensioned groups”. “This should involve an equivalent of automatically enrolling the self-employed into saving through the tax system,” it said. The APPG also called for an increase in take-up...